PYMNTS

AUGUST 16, 2019

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., The bank is targeting the middle-market and niche clientele, it noted. Axos Bank is also focusing on the small and medium-sized business (SMB) market. The bank announced Thursday (Aug.

Los Angeles 101

Los Angeles New York FDIC Lending 101

PYMNTS

NOVEMBER 22, 2019

Richard Ashton, deputy general counsel for litigation, enforcement and system matters, said at a conference in New York that the Federal Reserve is considering an audit of tech firms’ compliance policies and governance structures. 21), citing a senior official.

Security 116

Security Policies Conference Compliance 116

PYMNTS

APRIL 1, 2019

Regional expansion will take precedence over product expansion,” said Markus Gunter, chief executive officer of N26’s banking arm. It currently offers home loan markets in Germany, but that won’t come to new countries. The company, founded in 2013, has 800 employees in three locations: Barcelona, Berlin and New York. .

United States 140

United States New York Video Regional 140

Bank Innovation

MAY 11, 2017

I sat down with the marketing team at Anthemis to discuss the opportunities and geopolitical challenges of open finance. In a way, PSD2 is a new, particularly European, kind of trade tariff. . — E.U. This is the third part of a series of five articles. You can find part one here and part two here. Care to elaborate?

Regulation 252

Regulation Regional Apple America 252

Abrigo

DECEMBER 18, 2023

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. They’re not your hometown.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

JANUARY 29, 2018

China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. Regulators must keep clear heads and cannot be blindly optimistic,” the regulator stated in its report. Reports in Reuters said Friday (Jan.

National 100

National Regulation New York Regional 100

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct. percent as measured on June 30 of this year.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

PYMNTS

NOVEMBER 24, 2016

government is also gearing up to launch a network of regional FinTech envoys as an effort to enhance the country’s status as a leader in FinTech. FinTech market, which includes key metrics that investors need. than in New York, Singapore, Hong Kong and Australia combined. According to a report , the U.K. and generated $8.7

Fintech 100

Fintech New York Financial Technology Regional 100

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Despite direct exposure to the region, they remain unaware of the GDPR requirements. Japan Eyes Cryptos, Yet Again.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

FEBRUARY 5, 2020

Singapore-based Kredivo ended 2019 with lots of new funding raised, while New York-based Splitit was among the BNPL providers that logged $1 million in transactions, according to the latest edition of the PYMNTS Buy Now, Pay Later Tracker. and around the world. Of course, there are always challenges in expansion.

Cards 143

Cards Millennials Regulation United States 143

PYMNTS

JUNE 10, 2016

Across the European market, in general, Uber has faced an immense amount of backlash from the taxi drivers who have claimed that Uber is finding loopholes to operate outside the scope of local regulations. Beyond that, the taxi drivers have accused Uber of posing a threat to the public’s safety, a claim Uber has fought against.

New York 100

New York Regulation Operations Regional 100

PYMNTS

OCTOBER 6, 2016

SWIFT’s year has been filled with controversy, the apex of which occurred when reports surfaced that cyberthieves infiltrated Bangladesh Bank via the SWIFT messaging system in February, resulting in $81 million stolen from the bank’s account at the New York Federal Reserve. ”

Innovation 188

Innovation Payments Fintech New York 188

PYMNTS

FEBRUARY 9, 2017

If anything, temporary employment is an even larger part of Europe’s job market, given that unemployment rates in the region are nearly twice as high as those in the U.S. The New York Times noted that European labor laws make permanent workers more difficult to lay off, and they often require more costly benefit packages.

Regional 100

Regional Comparison New York Millennials 100

PYMNTS

JULY 10, 2017

Small business job gains have slowed, consistent with tightening labor markets,” said IHS Markit chief regional economist James Diffley in a statement. Martin Mucci, Paychex president and CEO, attributed the trend to uncertainty over regulations sure to affect the small business community.

Report 104

Report Policies New York Marketing 104

PYMNTS

APRIL 6, 2018

There are a number of very interesting target markets, because no matter what city you are in, they want bikes as opposed to cars.”. Mobike was the loudest sizzle in the bonanza of bike-related news this week, with the announcement that it has been acquired by Meituan-Dianping for $2.7 billion, according to South China Morning Post.

Apple 100

Apple San Francisco New York Sacramento 100

PYMNTS

JANUARY 24, 2020

There in Davos, bankers, financiers, technologists, legislators, regulators and thought leaders of all kinds — not to mention a couple of Russian spies dressed as plumbers — gathered for the 50 th annual World Economic Forum. For 2021, though, the IMF has forecast a growth rate of 3.4 The Wave-To-Pay Rumor .

Payments 131

Payments New York Technology Marketing 131

BankUnderground

JANUARY 27, 2021

One key message stands out: banks that are more rooted in their market are much more likely to continue lending when faced with the economic fallout from such shock. Banks without access did not shore up their finances by borrowing on the interbank market, but curtailed their lending instead. Balance sheet adjustments.

Lending 71

Lending Study Marketing Capital 71

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. Performance and multiples continue to be solid, outperforming most regional banks. Has to be M-O-E. Bank Merger of the Year. So which merger was the best in 2021?

Fintech 147

Fintech Strategy Leadership Lending 147

PYMNTS

NOVEMBER 13, 2017

But that is changing as more consumers in the region are embracing digital methods and purchase channels, and the payments industry is pegged to grow ten-fold to $500 billion by 2020. With that in mind, the competitors are lining up: Amazon , Apple and Google are all pushing to enter India’s growing and expanding market.

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

PYMNTS

SEPTEMBER 22, 2017

Across the pond, estimates Innovate Finance and Pitchbook, the B2B FinTech market has gotten nearly half of all FinTech funding in the European Union through the past year. Startup formation is fizzling, according to New York Times reports – and dragging down the rest of the economic landscape with them.

US 108

US Apple Innovation Regulation 108

Fintech Labs Insights

NOVEMBER 18, 2016

iBank Marketing’s Wallet+ PFM goal-saving platform aims to give banks a tool to help their clients create and achieve their short-term financial goals. By offering financial and non-financial services to reach customers, Wallet+ creates a new marketing channel to reach customers. Company facts: Founded in 2016.

Marketing 12

Marketing Regional User Experience New York 12

PYMNTS

NOVEMBER 23, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from regulators around the world. EU Auditors: European Commission Needs To ‘Scale Up’ Regulation. But it now needs to scale up market oversight to be fit for a more global and digital world.”. California will get $24.6

Apple 193

Apple Regulation social media Compliance 193

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Support new lines of business. Stripe is ramping up its private market investments. Expansion into emerging markets.

Online 98

Online Company Retail Payments 98

CB Insights

OCTOBER 26, 2020

This regulation reduced trading profits and created a need to cut costs, spurring investment banks to spin off unprofitable divisions or eliminate them entirely. And across equity research and sales & trading, poor performances and new regulations have led to widespread layoffs as banks have figured out they can do more with less.

Management 78

Management Capital Company Marketing 78

PYMNTS

NOVEMBER 20, 2019

To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett ), filed for bankruptcy protection this week and said lawsuits — and new minimum wage mandates — led to the decision. The misguided regulations were not specifically noted in the announcement, which came from Gett.

New York 109

New York New York City Delaware California 109

Fintech Labs Insights

DECEMBER 15, 2016

“Security, compliance, and fraud prevention are key issues for investors, consumers, regulators, and employees in the financial services industry,” Socure CEO and co-founder Sunil Madhu said. Pictured: Sunil Madhu, Socure CEO and co-founder, demonstrating Perceive at FinovateFall 2015 in New York.

Capital 12

Capital New York Compliance Millennials 12

CB Insights

DECEMBER 4, 2019

In parallel, Amazon has made several fintech investments, mostly focused on international markets (India and Mexico, among others) where partners can help serve Amazon’s core strategic goal. We will be updating this brief on an ongoing basis as more relevant data, investments, news, and products are released. Closing thoughts.

Cards 101

Cards Lending Strategy US 101

CB Insights

MARCH 27, 2019

into cybersecurity startups globally — especially as tech companies have been largely at the center of privacy regulation issues. Its market cap seemed unaffected until July 2018, when Facebook lost around 20% of its value in one day off of news of slowing user growth. Collectively, FAMGA has poured nearly $2.5B

Google 76

Google Apple Security Data 76

Abrigo

OCTOBER 31, 2022

At the end of 2021, the Biden administration announced that they would pay closer attention to corruption in the real estate market, with a special focus on all-cash commercial and residential real estate transactions. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. learn more. Taking action.

New York City 195

New York City Las Vegas District of Columbia San Antonio 195

PYMNTS

FEBRUARY 13, 2019

-Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. During the trial, prosecutors said Guzmán made some $14 billion in drug profits during a career that kicked off in 1990.

Cards 147

Cards Operations New York City Regional 147

Fintech Labs Insights

NOVEMBER 12, 2015

For Sang Lee, co-founder and CEO of DarcMatter , capital markets are one of the few areas that has avoided disruption. Every industry has been disintermediated except for capital markets,” he explained. ” Stats: Headquartered in New York. Founded in November 2014. Provides $1.5 The Future.

San Jose 12

San Jose Capital Regulation Management 12

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. This was a terrific combination of two education-focused cooperatives across both Southern and Northern California markets. picks up Bancorp of New Jersey, Inc. ConnectOne Bancorp, Inc.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

DECEMBER 17, 2019

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing.

Metro 136

Metro Regional Fintech National 136

NCR

SEPTEMBER 16, 2016

On a balance sheet, there’s no question that a branch in rural Saskatchewan is going to look like it’s underperforming compared to high-margin, high-traffic branches in New York City or Montreal. But by no means will that branch actually lose money if it’s well-run. Being part of the community really does matter.

Community 40

Community New York City Management US 40

BankUnderground

FEBRUARY 25, 2020

In a new paper , we use a rich US dataset and novel identification method to show that supply elasticities vary across cities and across time. This new lower elasticity means US house prices should be more sensitive to changes in demand than before the crisis. Main framework to estimate local housing supply elasticities.

US 52

US Policies Albuquerque Regulation 52

PYMNTS

NOVEMBER 21, 2016

Webster, describing the payments conundrum as the “nasty underbelly of making these payments to any worker in any environment,” suggested it could be summed up in a single word: regulation. Payment regulations, prepaid card regulations, controlled currencies,” Monty began. .”

Payments 100

Payments New York City Regulation Taxes 100

CB Insights

SEPTEMBER 5, 2018

As a result, a number of mobility startups have emerged, deploying new transportation models that stand to disrupt personal car ownership in dense urban regions, and potentially in more suburban regions moving forward. San Francisco was one of the first cities to tackle scooter regulation. Mid-length transport.

San Francisco 78

San Francisco New York City US Mobile 78